Hedge Funds and AIFs

Integrated solution for your front, middle and back office operations

 

Fund Hierarchy

  • Multi-class and multi-series funds with user defined fund hierarchy
  • Flow through allocation of P&L components across fund hierarchy with support for class / series specific income and expense accounting
  • Calculation and reporting of daily NAV / GAV for the entire fund hierarchy

 

Fund Accounting

  • Asset classes and instruments – equity, equity derivatives, mutual funds, fixed income, structured products and alternative assets.
  • Fund accounting with standard valuation methods – FIFO and Weighted average.
  • Corporate action processing – automatic processing of corporate actions pertaining to holdings, income and distributions across portfolios.
  • Full set of accounting reports including P&L and balance sheet and trial balance
  • Data interfaces and reconciliation with custodian.

 

Performance Measurement

  • Performance measurement consistent with CFA Institute’s Global Investment Performance Standards (GIPS).
  • Rate of return calculation at all levels (portfolio, asset class, security type and security) using various GIPS recommended methods including daily valuation (TWRR), Modied Dietz, Modified IRR and XIRR.
  • Portfolio can be benchmarked with multiple benchmarks. Benchmarks can be bledned across indices.

 

Trade Order Management

  • Rebalancing and allocation tools.
  • Pre-trade compliance checks and limit monitoring.
  • FIX compliant order routing and trade capture

 

Fees and Billing

  • Comprehensive billing module for calculating administrative fees, management fees and incentive fees (profit sharing) with hurdle rate and water marking.

 

Private Equity and Real Estate Funds

  • Commitment amount and drawdown tracking
  • Incentive fees linked to IRR with hurdle rates and slabs
  • Fees and allocations based on commitment amount

 

Our customers include hedge funds, real estate funds and private equity funds.